Funding you earn now, next payment 06:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.222%
Price spread now: Lighter against Binance+0.090%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.655% of the position
Funding, last 7 days+0.865%+$86 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.090%, 7d avg +0.127%
=Together, before fees+0.894%+ Points / potential airdropLighter: Season 3 · farm board+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread +0.090% now, against its 7-day average of +0.127%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AEROUSDT | 0.6845 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $25.8M | $25.1M | 75x |
| Short | Lighter AERO | 0.6851 | 0.0432 | get 0.0054% / 1h | 20m 01s | $1.3M | $507K | 3x |
Binance AEROUSDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $69.72
- Price spread: +0.090% → +0.127%
- −$3.72
- Slippage, 4 orders
- −$55.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $0.47
- Costs to cover
- 0.655%
- Break-even
- 7.0 days
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.74 bp | 12.0 bp −$12 | 25.2 bp −$252 | 460.0 bp −$46.0K | doesn't fit |
| Sell Lighter live order book, 1 min ago | 10.36 bp | 11.4 bp −$11 | 78.9 bp −$789 | doesn't fit | doesn't fit |
AERO on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.833% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0043% | 1h | 0.6838 | −0.102% | $54K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6845 | −0.007% | $22.6M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6838 | −0.100% | $41K | $124K | 10x | as long as short |
| Binance AEROUSDTlong | +0.0100% | 4h | 0.6845 | long leg | $25.8M | $25.1M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6842 | −0.043% | $22.3M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6843 | −0.029% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6831 | −0.204% | $1.6M | $475K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6842 | −0.043% | $8.4M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6834 | −0.160% | $2.0M | $1.1M | 50x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6838 | −0.102% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6840 | −0.073% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6820 | −0.368% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6837 | −0.112% | $201K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6835 | −0.153% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6835 | −0.140% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6823 | −0.321% | $924K | $593K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0352% | 1h | 0.6841 | −0.054% | $185 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6838 | −0.105% | $199K | $489K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0416% | 1h | 0.6848 | +0.041% | $93K | $260K | 15x | as long as short |
| Lighter AEROshort | +0.0432% | 1h | 0.6851 | +0.090% | $1.3M | $507K | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6835 | −0.148% | $89K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6835 | −0.146% | $88K | $35K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
Backpack AERO_USDC_PERP
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX